June 10, 2013 , Auburn Hills, Mich. - Available to consumers in the third
quarter of this year, the all-new 2014 Jeep® Cherokee will be offered at a
U.S. Manufacturer’s Suggested Retail Price (MSRP) of $22,995 (plus
$995 destination). Jeep Cherokee’s starting price is hundreds of
dollars less than the outgoing Jeep Liberty model, while offering more fuel
economy, more advanced safety and technology features, even more
class-leading 4x4 capability, a modern and progressive new design, and
significantly improved everyday on-road ride and handling.

“The all-new 2014 Jeep Cherokee is entering the largest SUV segment
in North America with an unmatched combination of capability, fuel
efficiency, technology, safety and value,” said Mike Manley,
President and CEO – Jeep Brand, Chrysler Group LLC. “Jeep
Cherokee is absolutely packed with content that includes numerous industry
and segment ‘firsts’ that directly translate to a tremendous
value for consumers shopping in the mid-size SUV segment, which boasts two
million sales annually in North America and five million
globally.”

The 2014 Jeep Cherokee is available in four different trim levels: Sport,
Latitude, Limited and Trailhawk.
Following are the starting U.S. MSRPs for each 2014 Jeep Cherokee model
(all exclude $995 destination):

Jeep Cherokee Sport 4x2: $22,995

Jeep Cherokee Sport 4x4: $24,995

Jeep Cherokee Latitude 4x2: $24,495

Jeep Cherokee Latitude 4x4: $26,495

Jeep Cherokee Limited 4x2: $27,995

Jeep Cherokee Limited 4x4: $29,995

Jeep Cherokee Trailhawk 4x4: $29,495

For comparison, the 2014 Jeep Cherokee’s starting price is $400
less than the outgoing 2012 Liberty model, which started at $23,395 for
Sport 4x2 models and $25,395 for Sport 4x4 models.

2014 Jeep Cherokee Sport
The Jeep Cherokee Sport model with a starting U.S. MSRP of $22,995 delivers
a sleek, athletic design, world-class craftsmanship, fuel economy of up to
31 miles per gallon (mpg), a class-exclusive nine-speed automatic
transmission and legendary Jeep capability in all weather conditions with a
price point customers will value.

The Cherokee Sport model is powered by the new 2.4-liter MultiAir2
Tigershark I-4 engine which produces 184 horsepower and 171 lb.-ft. of
torque and a driving range on a tank of gasoline of nearly 500 miles.

2014 Jeep Cherokee Latitude
The all-new 2014 Jeep Cherokee Latitude model is the volume model for the
Cherokee lineup, has a starting U.S. MSRP of $24,495 and is packed with an
impressive amount of standard and available features. The Cherokee Latitude
model includes all the standard equipment found on the Sport model as well
as: body color power mirrors and door handles, bright daylight opening
(DLO) molding and roof rails, deep tint sunscreen glass, fog lamps, power
windows with one-touch up and down, front passenger fold-flat seat with
in-seat storage space, leather-wrapped steering wheel, ambient LED interior
lighting, new 17-inch aluminum wheels, air conditioning with integrated
center stack controls, 115-volt outlet and compact spare tire.

Jeep Brand
Built on more than 70 years of legendary heritage, Jeep is the authentic
SUV brand with class-leading capability, craftsmanship and versatility for
people who seek extraordinary journeys. The Jeep brand delivers an open
invitation to live life to the fullest by offering a full line of vehicles
that continue to provide owners with a sense of security to handle any
journey with confidence.

The Jeep vehicle lineup includes Compass, Grand Cherokee, Patriot, Wrangler
and Wrangler Unlimited – with the all-new 2014 Cherokee debuting in
the third quarter of this year. To meet consumer demand around the world,
all Jeep models are sold outside North America – and all are
available in right-hand-drive versions and with gasoline and diesel
powertrain options. Chrysler Group LLC sells and services vehicles in
approximately 120 countries around the world.

The following titles and media identifications are trademarks
owned by The Auto Channel, LLC and have been in continuous use
since 1987: The Auto Channel, Auto Channel and TACH all have
been in continuous use world wide since 1987, in Print, TV,
Radio, Home Video, Newsletters, On-line, and other interactive
media; all rights are reserved and infringement will be acted
upon with force.